|
|
Article: Pine Tree Zone could be amended Bangor mulls adding Oxford Networks to statewide tax break program
- Article from:
- Bangor Daily News Bangor, ME
- Article date:
- October 24, 2008
- Author:
CopyrightCopyright 2008 Bangor Daily News Bangor, ME. Provided by ProQuest LLC. (Hide copyright information)
|
BANGOR - When Lewiston-based Oxford Networks decided to expand
its communications company into Bangor, it invested more than $2
million in fiber optics and promised several new, good-paying jobs.
For that, the city has recommended that it extend its Pine Tree
Development Zone - and the various tax incentives that come with it -
to the business.
Stephen Bolduc, Bangor's economic development officer,
recommended this week that the city amend its Pine Tree Zone to
include Oxford Networks' property on Summer Street.
The city's Business and Economic Development Committee accepted
that recommendation, which will now go to the full council for a
public hearing and vote.
Earlier this year, Oxford ...